2,455 Shares in Hawkins, Inc. (NASDAQ:HWKN) Bought by Valtinson Bruner Financial Planning LLC

Valtinson Bruner Financial Planning LLC bought a new stake in Hawkins, Inc. (NASDAQ:HWKN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,455 shares of the specialty chemicals company’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds have also bought and sold shares of HWKN. Nordea Investment Management AB boosted its stake in shares of Hawkins by 116.9% during the 1st quarter. Nordea Investment Management AB now owns 104,537 shares of the specialty chemicals company’s stock worth $8,049,000 after acquiring an additional 56,330 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its position in Hawkins by 42.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 30,193 shares of the specialty chemicals company’s stock valued at $2,126,000 after purchasing an additional 8,923 shares in the last quarter. Westwood Holdings Group Inc. bought a new stake in Hawkins during the first quarter valued at about $31,504,000. State Board of Administration of Florida Retirement System raised its stake in shares of Hawkins by 83.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 14,521 shares of the specialty chemicals company’s stock worth $1,115,000 after buying an additional 6,627 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Hawkins by 4.3% during the 4th quarter. Vanguard Group Inc. now owns 1,516,717 shares of the specialty chemicals company’s stock valued at $106,807,000 after buying an additional 62,224 shares in the last quarter. 69.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Hawkins

In related news, Director James A. Faulconbridge bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The stock was bought at an average cost of $86.47 per share, with a total value of $172,940.00. Following the completion of the purchase, the director now owns 44,017 shares of the company’s stock, valued at approximately $3,806,149.99. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.80% of the company’s stock.

Analysts Set New Price Targets

Separately, BWS Financial increased their target price on shares of Hawkins from $74.00 to $96.00 and gave the stock a “buy” rating in a report on Friday, May 17th.

Hawkins Stock Down 1.9 %

HWKN opened at $115.73 on Friday. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.44 and a current ratio of 2.27. The firm’s fifty day moving average is $110.86 and its 200 day moving average is $90.17. Hawkins, Inc. has a fifty-two week low of $53.64 and a fifty-two week high of $127.35.

Hawkins (NASDAQ:HWKN) last announced its quarterly earnings data on Wednesday, July 31st. The specialty chemicals company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.01 by $0.37. Hawkins had a return on equity of 20.16% and a net margin of 8.75%. The business had revenue of $255.88 million for the quarter, compared to the consensus estimate of $254.30 million. On average, sell-side analysts forecast that Hawkins, Inc. will post 4.14 earnings per share for the current fiscal year.

Hawkins Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.62%. This is an increase from Hawkins’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, August 16th. Hawkins’s dividend payout ratio is presently 20.06%.

Hawkins Profile

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.